Adyen (OTCMKTS:ADYEY – Get Free Report) is expected to be posting its results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of $0.1908 per share and revenue of $1.4950 billion for the quarter.
Adyen Price Performance
Shares of OTCMKTS ADYEY opened at $10.72 on Tuesday. Adyen has a 1 year low of $8.93 and a 1 year high of $18.34. The firm has a 50-day simple moving average of $9.77 and a two-hundred day simple moving average of $10.89.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the company. BMO Capital Markets assumed coverage on Adyen in a report on Tuesday, April 21st. They issued an “outperform” rating on the stock. Monness Crespi & Hardt reaffirmed a “buy” rating on shares of Adyen in a research report on Wednesday, May 6th. BNP Paribas Exane lowered Adyen to a “neutral” rating in a research note on Monday, June 1st. Loop Capital initiated coverage on Adyen in a research report on Wednesday, July 15th. They set a “hold” rating for the company. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Adyen in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Adyen currently has an average rating of “Moderate Buy”.
About Adyen
Adyen is a global payments technology company that provides an end-to-end platform for accepting and processing electronic payments across online, mobile and point-of-sale channels. Its core services include payment gateway and acquiring capabilities, fraud prevention and risk management, settlement and reconciliation, and tools for recurring and marketplace payments. The platform is designed to consolidate multiple payment functions into a single integration, enabling merchants to accept a wide range of local and international payment methods and currencies.
Founded in 2006 and headquartered in Amsterdam, Adyen was established by Pieter van der Does and Arnout Schuijff to simplify cross-border payments for international merchants.
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